The benefits of real-time payments may be readily apparent to financial institutions (FIs) — as they can serve their clients with new use cases, including...
Michael Haney describes himself as a “reformed banker.” As head of product strategy at composable banking architecture provider Galileo Financial Technologies, he has a unique...
Blockchain and banking have, since the former’s inception, operated almost entirely at odds. Cryptocurrencies, after all, were invented as a decentralized method to store value,...
Senate Banking Committee Chairman Tim Scott, R-S.C., has introduced a bill that would stop federal banking agencies from using reputational risk as a measure to determine...
Wednesday’s (March 5) actions in Congress against two Consumer Financial Protection Bureau (CFPB) rules — one governing digital payments providers, the other focused on bank...
The Federal Deposit Insurance Corp. (FDIC), like other regulatory agencies, is rapidly being reshaped. The very structure of the agency may be drastically altered. A...
Goldman Sachs reportedly plans to cut 3% to 5% of its staff in an annual review process. The cut would amount to about 1,395 jobs and...
There have been pockets of momentum to curb interest rates charged for balances credit cards and for loans extended by FinTechs. But the impact may...
There’s a rule of thumb in law that states that hard cases make bad law. The sentiment can be reworked a bit to extend to...